Morocco, Feb. 11 -- The European Bank for Reconstruction and Development (EBRD) is investing up to MAD 400 million (€38.4 million) in the railway sector through a MAD 2 billion (€192 million) green bond issued by the Office National des Chemins de Fer du Maroc (ONCF).Issuing the bond will partially refinance the debt from ONCF's latest development round designed to: modernise and electrify the network; acquire and upgrade electric rolling stock; address safety units and substations; and develop and integrate transport planning systems.The EBRD is the only international investor in the bond, which will be aligned with the Land Transport Criteria of the Climate Bond Standards, verified by second-party opinion, and certified by the...